ELV
Elevance Health, Inc.
stock NYSE

If you are new to investing don’t buy meme stocks. Start with a base of solid ETFs like VTI/VXUS and some undervalued stocks like ELV, UNH. If you want to go riskier at least go for something that makes sense like NBIS

ELV https://open.substack.com/pub/prisminvest/p/elevance-health-a-capital-light-compounder?r=nz4nu&utm_medium=ios

MOH, ELV

UNH, MRK and maybe CSL, ELV, VZ

CVS is hitting **new 52 week highs** in a hard hit HMO industry where giants like UNH and ELV are on the ropes. With forward PE of only 11. In the prior bull market cycle the stock peaked at over $100. Revenue growth is good but profitability has taken a hit because of costs. However I expect the industry pricing will adjust next year.

I started buying CNC to diversify. Up 13% in a few days. ELV is also on my watch list.

## Highest Premium
These options offer the highest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced to move significantly more than they have moved in the past. Sell iron condors on these as they may be over priced.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| ASHR/34/32 | -0.3% | 113.76 | $0.49 | $0.68 | 0.85 | 0.89 | N/A | 0.21 | 94.3 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| DT/55/47.5 | 0.11% | 3.32 | $1.85 | $1.4 | 0.88 | 0.82 | 117 | 1.02 | 76.6 |
| ELV/370/330 | 0.42% | -63.4 | $16.5 | $14.55 | 0.88 | 0.82 | 110 | 0.25 | 82.8 |
## Expensive Calls
These call options offer the highest ratio of bullish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly more than it has moved up in the past. Sell these calls.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| ASHR/34/32 | -0.3% | 113.76 | $0.49 | $0.68 | 0.85 | 0.89 | N/A | 0.21 | 94.3 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| JNUG/190/161 | 2.71% | 565.5 | $17.55 | $12.75 | 0.79 | 0.85 | N/A | 1.12 | 82.9 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| LI/28/25 | -2.05% | -10.38 | $1.9 | $1.21 | 0.79 | 0.82 | N/A | 0.56 | 95.5 |
## Expensive Puts
These put options offer the highest ratio of bearish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly more than it has moved down in the past. Sell these puts.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| SBUX/95/85 | -0.29% | -37.68 | $4.1 | $1.77 | 0.89 | 0.8 | 108 | 0.91 | 88.0 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| DT/55/47.5 | 0.11% | 3.32 | $1.85 | $1.4 | 0.88 | 0.82 | 117 | 1.02 | 76.6 |
| ELV/370/330 | 0.42% | -63.4 | $16.5 | $14.55 | 0.88 | 0.82 | 110 | 0.25 | 82.8 |
- **Historical Move v Implied Move:** We determine the historical volatility (standard deviation of daily log returns) of the underlying asset and compare that to the current implied volatility (IV) of the option price. We use the same DTE as a look back period. This is used to determine the Call or Put Premium associated with the pricing of options (implied volatility).

- **Directional Bias:** Ranges from negative (bearish) to positive (bullish) and accounts for RSI, price trend, moving averages, and put/call skew over the past 6 weeks.
- **Priced Move:** given the current option prices, how much in dollar amounts will the underlying have to move to make the call/put break even. This is how much vol the option is pricing in. The expected move.
- **Expiration:** 2025-11-21.
- **Call/Put Premium:** How much extra you are paying for the implied move relative to the historic move. Low numbers mean options are "cheaper." High numbers mean options are "expensive."
- **Efficiency:** This factor represents the bid/ask spreads and the depth of the order book relative to the price of the option. It represents how much traders will pay in slippage with a round trip trade. Lower numbers are less efficient than higher numbers.
- **E.R.:** Days unitl the next Earnings Release. This feature is still in beta as we work on a more complete list of earnings dates.
- **Why isn't my stock on this list?** It doesn't have "weeklies", the underlying is "too cheap", or the options markets are too illiquid (open interest) to qualify for this strategy. 480 underlyings are used in this report and only the top results end up passing the criteria for each filter.

NVO ZTS MRK UNH ELV DHR TMO ILMN to name a few names that are near 52 weeks lows and are blue chip profitable companies

60% of my portfolio is UNH. 15% is ELV and another 15% is CNI. Last 10% is NVO.

FTNT NVO ELV UNH POOL CRM META AMZN

ELV https://substack.com/@prisminvesting/note/p-173820400?r=nz4nu&utm_medium=ios&utm_source=notes-share-action

Elevance had a stock move delay where it was sitting at 300-310 while unh moved to 340. It was only a matter of time before ELV moved higher. Now I’m up 10% on an average cost basis of 308